Updated: June 30th, 2021

As economies recover from the pandemic, demand has pushed costs up for gold, copper, brass, steel, thermoplastics, and other materials used in the manufacturing of connectors.

Bishop & Associates tracks raw material costs for gold, copper, brass, steel, thermoplastics, and other materials used in the manufacturing of connectors. These materials represent 75% of the material costs in a typical connector. Prices for these materials increased 31.2% YOY in 1Q21 and increased 34.0% YOY when weighed by usage in connectors. Copper, steel, and thermoplastic price increases were the largest contributors to the increase in connector prices.

Material Costs Analysis

The following chart shows the YOY change in mat